Jiangsu Topfly New Materials Co., Ltd. (SHE:001373)

Everbridge Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2020	Dec 31, 2019
Operating Revenue	604.52	636.92	710.68	797.89	893.36	693
Other Revenue	3.05	3.05	3.28	5.97	2.68	1.79
Revenue	607.57	639.96	713.96	803.86	896.04	694.79
Revenue Growth (YoY)	-17.79%	-10.37%	-11.18%	-10.29%	28.97%	58.51%
Cost of Revenue	540.15	567.16	609.3	682	719.16	576.7
Gross Profit	67.41	72.81	104.66	121.86	176.88	118.09
Selling, General & Admin	46.67	46.9	40.29	35.22	43.03	32.48
Research & Development	17.76	18.4	23.22	27.34	25.2	21.8
Other Operating Expenses	0.04	0.37	0.69	1.14	0.81	1.6
Operating Expenses	64.1	65.29	64.86	61.74	70.71	56.17
Operating Income	3.31	7.51	39.8	60.12	106.17	61.92
Interest Expense	-0.85	-0.89	-0.96	-3.46	-2.33	-0.36
Interest & Investment Income	6.78	7.08	4.54	0.56	0.72	0.43
Currency Exchange Gain (Loss)	4.75	4.75	3.54	27.45	-13.03	1.51
Other Non Operating Income (Expenses)	-0.22	-0.11	-0.43	-0.31	-0.46	-0.28
EBT Excluding Unusual Items	13.77	18.35	46.48	84.37	91.06	63.21
Gain (Loss) on Sale of Investments	-0.16	-0.17	-1.07	-6.85	-0.1	0
Gain (Loss) on Sale of Assets	-0.36	-0.01	0.58	0.03	-0.41	0.07
Asset Writedown	-1.1	-0.11	-0.04	-0.04	-5.04	-4
Other Unusual Items	1.47	1.47	2.62	4.28	0.99	1.11
Pretax Income	13.62	19.53	48.55	81.78	86.5	60.4
Income Tax Expense	0.62	0.93	4.22	7.33	17.35	8.07
Earnings From Continuing Operations	12.99	18.6	44.34	74.45	69.15	52.32
Minority Interest in Earnings	-6.54	-6.33	-9.1	-12.48	-8.04	-4.69
Net Income	6.46	12.27	35.23	61.97	61.1	47.64
Net Income to Common	6.46	12.27	35.23	61.97	61.1	47.64
Net Income Growth	-77.50%	-65.18%	-43.15%	1.42%	28.27%	82.41%
Shares Outstanding (Basic)	69	68	62	52	48	-
Shares Outstanding (Diluted)	69	68	62	52	48	-
Shares Change (YoY)	2.42%	10.27%	19.69%	7.34%	-	-
EPS (Basic)	0.09	0.18	0.57	1.20	1.27	-
EPS (Diluted)	0.09	0.18	0.57	1.20	1.27	-
EPS Growth	-78.03%	-68.42%	-52.50%	-5.51%	-	-
Free Cash Flow	23.63	35.35	-59.23	140.9	3.53	17.59
Free Cash Flow Per Share	0.34	0.52	-0.96	2.73	0.07	-
Dividend Per Share	0.100	0.100	0.200	-	-	-
Dividend Growth	-50.00%	-50.00%	-	-	-	-
Gross Margin	11.10%	11.38%	14.66%	15.16%	19.74%	17.00%
Operating Margin	0.55%	1.17%	5.57%	7.48%	11.85%	8.91%
Profit Margin	1.06%	1.92%	4.93%	7.71%	6.82%	6.86%
Free Cash Flow Margin	3.89%	5.52%	-8.30%	17.53%	0.39%	2.53%
EBITDA	9.52	13.88	46.77	65.49	111.83	66.06
EBITDA Margin	1.57%	2.17%	6.55%	8.15%	12.48%	9.51%
D&A For EBITDA	6.21	6.36	6.98	5.36	5.66	4.14
EBIT	3.31	7.51	39.8	60.12	106.17	61.92
EBIT Margin	0.55%	1.17%	5.57%	7.48%	11.85%	8.91%
Effective Tax Rate	4.58%	4.76%	8.69%	8.96%	20.06%	13.37%
Revenue as Reported	607.57	639.96	713.96	803.86	896.04	694.79

Source: S&P Global Market Intelligence. Standard template. Financial Sources.